Saint Peter School Board Agenda Packet 2026-06-10
Annual Technology Lease Awarded to First National Bank
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Description
The Saint Peter School Board awarded the annual governmental technology lease to First National Bank for $307,200.25, supporting student and staff technology initiatives. The agreement includes a 4-year and a 5-year lease at competitive interest rates.
Contract Details
Contract Amount
$307,200.25
Vendor
FIRST NATIONAL BANK
Agency
St. Peter Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
June 10, 2026
Contract Term
4 years (student technology), 5 years (staff technology); commencing 12/15/2026
Renewal Date
2030-12-15
Renewal Info
Annual lease; current agreement covers payments through 12/15/2030 (staff) and 12/15/2029 (student). New lease bid each year.
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